Needle-Free Injection System Market to Observe Utmost Growth of USD 466.10 Million By 2029, Size, Share, Trends, Key Drivers, Development Trends and Growth Outlook

PRESS RELEASE
Published November 2, 2023

Data Bridge Market Research conducted a recent market intelligence study, thoroughly analysing the Needle-Free Injection System Market. The newly published report employs an appealing layout that presents essential data using visually engaging tables, graphs, charts, and figures.

An all-inclusive Needle-Free Injection System report includes a range of inhibitors as well as driving forces of the market which are analysed in both qualitative and quantitative approach so that readers and users get precise information and insights about Needle-Free Injection System industry. Statistical data mentioned in the report is symbolized with the help of graphs which simplifies the understanding of facts and figures. The market report helps define commerce strategies to the businesses of small, medium as well as large size. The analysis and estimations conducted via the finest Needle-Free Injection System business report help to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values.

The market insights underlined in the steadfast Needle-Free Injection System marketing report simplifies managing marketing of goods and services effectively. Here, market overview is given in terms of drivers, restraints, opportunities and challenges where each of this parameter is studied scrupulously. All the data and statistics provided in this market report are backed up by latest and proven tools and techniques such as SWOT analysis and Porter’s Five Forces Analysis. With the latest and updated market insights mentioned in the report, businesses can concentrate to enhance their marketing, promotional and sales strategies. An imperative Needle-Free Injection System report is a wonderful guide for an actionable ideas, enhanced decision-making and better business strategies.

Data Bridge Market Research analyses that the needle-free injection system market which was USD 124 million in 2021, would rocket up to USD 466.10 million by 2029, and is expected to undergo a CAGR of 18.0% during the forecast period 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Needle-free injection system are steadily developing technology that promises to make the administration of medicine more efficient and less painful. The needle-free injection technique allows doctors to administer medications to patients without piercing their skin with a needle. Needle-free technology has a number of advantages, including lowering patient anxiety over needle use. Needle-free injections are very effective and bioequivalent to syringe and needle injections for a wide range of medicines. It has a lower pain threshold and is strongly preferred by patients. In comparison to conventional needles, the injection is much faster, and there are no needle disposal difficulties. The pharmaceutical sector not only benefits from increased product sales, but it also has the potential to improve compliance with dosing regimens and outcomes.

Key Growth Drivers:

  • High incidence of infectious diseases globally

Despite tremendous advancements in sanitation and medicine, infectious illness prevalence remains high over the world. Despite the fact that non-communicable diseases are the leading causes of morbidity and mortality, infectious diseases remain a serious public health concern around the world. According to the National Institute of Allergy and Infectious Diseases, infectious diseases claim the lives of more than 15 million people each year. Despite the fact that non-communicable diseases are the leading causes of morbidity and mortality, infectious diseases remain a serious public health concern around the world. According to the National Institute of Allergy and Infectious Diseases, infectious diseases claim the lives of more than 15 million people each year.

  • Growing incidence of transmissible diseases

Most healthcare providers are concerned about needlestick injuries caused by infected needles. Needle stick injuries are most dangerous hazards to people’s health and safety. Because injections are one of the most commonly used procedures for administering pharmaceuticals, healthcare workers are at a high risk of contracting blood-borne diseases through needlestick injuries, which can happen by accident. Every year, some 385,000 health-care workers inadvertently poke themselves with needles, according to the CDC. Needlestick injuries can spread infectious diseases like hepatitis B, hepatitis C, and the human immunodeficiency virus (AIDS) to healthcare workers.

The report outlines the involvement of key players, including:

Antares Pharma (US), INOVIO Pharmaceuticals (US), THE NATIONAL MEDICAL PRODUCTS CO., LTD (Saudi Arabia), Valeritas, Inc. (Denmark), InsuJet (Netherland), PenJet (Netherland), Amico Group (UAE), MedImmune (U.S), Mystic Pharmaceuticals (U.S), OptiNose US, Inc. (U.S), Zogenix (U.S.A), PharmaJet (US), Portal Instruments (US), Medical International Technology, Inc (MIT) (US), NuGen Medical Devices (Canada), Crossject SA (US), Bioject Medical Technologies (US)

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Key Market Segmentation

Type (Liquid-Based Needle-Free Injectors, Projectile/Depot-Based Needle-Free Injectors, Powder-Based Needle-Free Injectors), Product (Fillable Needle-Free Injectors, Prefilled Needle-Free Injectors), Technology (Jet-Based Needle-Free Injectors, Spring-Based Needle-Free Injectors, Laser-Powered Needle-Free Injectors, Vibration-Based Needle-Free Injectors), Source of Power (Spring-Based Needle-Free Injectors, Gas Propelled/ Air Forced Injector Systems), Usability (Disposable Needle-Free Injectors, Reusable Needle-Free Injectors), Delivery Site (Subcutaneous Injectors, Intramuscular Injectors, Intradermal Injectors), Application (Vaccine Delivery, Insulin Delivery, Oncology, Pain Management, Others), End-User (Hospitals, Clinics, Home Care Settings, Research Laboratories, Pharmaceutical and Biotechnological Companies, Others)

The Needle-Free Injection System market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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